Favorite team:LSU 
Location:The Edge of Sanity
Biography:LSU Grad, UPT resident
Interests:Food & Wine, LSU Sports, Travel, Politics
Occupation:Efficiency Expert
Number of Posts:7225
Registered on:1/28/2013
Online Status:Not Online

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re: NOLA Fiber Optics - Oenophile Brah
[quote]What kind of speeds are you getting? Cable would be plenty if it works well. I mainly want good speeds for voip. [/quote] I did a speed test last night and got 89 down and 15 up. Like I said originally, no issue surfing web on laptop and streaming HD video on tv. If you think you nee...
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re: NOLA Fiber Optics - Oenophile Brah
Not fiber, but I have 150mbps download with Cox for $75/month. I never have issues streaming hd movies on Netflix or kodi. I believe they offer 300mpbs for another $15/mo. ...
Posted on Tech Board
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re: Mortage- Refinance vs Additional Principal Payments - Oenophile Brah
I think the first response nailed it for someone in your situation. I would downshift from your intense mortgage payoff and look to expand your asset portfolio. If you're considering renting this house during your next purchase, you are going to need some cash for your next down payment. You can ...
Posted on Money Talk
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re: Why don't more wives demand their own retirment account? - Oenophile Brah
Are you talking about a tax cut targeted to high income workers? Guess you don't watch the news much??? Divorce rulings essentially split the assets so what's the point? ...
Posted on Money Talk
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re: Buying house from for Sale by owner - Oenophile Brah
Purchasing a home is no different with an agent or w/o an agent. If your comps look good and don't have any issues with your appraisal you should be fine. Home agency is unnecessary once terms are agreed upon. ...
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re: Nashville - Recommendations? - Oenophile Brah
Patterson House for cocktails, Pinewood social is a cool spot for a drink or just killing a few hours. It has a bowling alley that is small but fun. Urban Cowboy has some interesting drinks and a patio with a solid vibe. Tons of great breweries if you're into beer. Might want to check with the F...
Posted on Travel Board
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re: Landlord Question - Can I tell my tenants to turn up the thermostat? (Update Page 2) - Oenophile Brah
I have an old New Orleans rental that is poorly insulated. In the summer, the a/c units were constantly freezing up trying to keep up. After receiving several estimates on a new system, I ended up going with window units. My problem was a single story duplex, each with a limited amount of living ...
Posted on Money Talk
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re: Financial Advisor Advice - Oenophile Brah
[quote]Could you explain more?[/quote] Roth accounts have an income cap of $185k for married couples. The loophole for earners over $185k is to contribute the $5,500x2 to a tIRA than convert the tIRA to a roth IRA. One caveat to this maneuver is the existence of another IRA. This pro-rata rule w...
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re: Financial Advisor Advice - Oenophile Brah
It seems clear this "advisor" is not to be trusted. I did want to touch on something that has been mentioned but not dissected. [quote]he recommends rolling my old 401k ($60k) into an IRA that he/NW mutual would manage for a 4.5% intro fee plus 0.5% per year[/quote] You obviously don't want t...
Posted on Money Talk
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re: Real Estate Escrow/Mortgage vs Paid Off - Oenophile Brah
[quote]I can't sell the paid off property yet[/quote] Why not? Inherited? What is your plan for the paid off house if you do pull money out of it? You have a plan for the money, but what about the house with a new mortgage? rent it? Why not sell the house and invest the money interest...
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re: Lula on St Charles Ave. - Oenophile Brah
[quote]Has anyone been in the last few weeks? I've really been wanting to check it out but this thread's mixed reviews has me second guessing. [/quote] It's in my neighborhood so I've been a few times, mostly for lunch. I find the lunch menu easier to manage, but both menus are pretty limited. I...
Posted on Food and Drink
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re: Recommend a lender for first time home buyer - Oenophile Brah
I've dealt with Whitney bank on carrollton several times. They have been very helpful with interest rate and down payment amount. Ask for P. Loria. ...
Posted on Money Talk
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re: How did you buy your first RE - Oenophile Brah
I started out in real estate by buying a double. I wanted to lower my initial living costs while setting myself up for longer term cash flow. After 3+ years living in one side I'm finally moving on to my next property. This will be my first time renting out both sides and I'm excited to experienc...
Posted on Money Talk
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re: Expensive New Car - Oenophile Brah
[quote]Porsche Macan or Cayenne. [/quote] Those are nice options. Anyone have an opinion on the Audi Q7? A coworker has a 2015 and may be looking to sell it already. If we end up going with a new vehicle, is leasing worth considering?...
Posted on Money Talk
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re: Expensive New Car - Oenophile Brah
[quote]Got a RAV4 too huh?[/quote] Yes I did. Ha. ...
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re: Expensive New Car - Oenophile Brah
Slight hijack. My fiancé is looking to purchase her first high end vehicle. I'm pushing for an SUV, we live in nola and children are in the near/midterm future. We're in a stable financial situation with high combined income. I recently purchased a little Toyota suv for myself as I don't c...
Posted on Money Talk
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re: 20 or 30 year mortgage - Oenophile Brah
[quote]I just got a 30 yr at 3.875%[/quote] With whom?...
Posted on Money Talk
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re: Buy/Rent analysis - I want to pick the Money Board's collective wisdom - Oenophile Brah
[quote]Even renting at $1700 over an $1100 mortgage for 24 months is a delta of $14,400[/quote] Even with a 5-1 ARM, your note would likely be over $1100/mo. Are you looking at a 30yr amortization? If so, you won't be building any equity in 18-24 months. I would see what a 15 or 20 year amortiza...
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re: Starting New Family Soon - Critique Financial Strategy - Oenophile Brah
This is a good process to go through at your stage in life. I would say, capturing the company match on 401k would supersede the Roth max. As you mentioned, you may wish to forgo additional 401k contributions and focus on short-term goal specific saving/investing. First house purchase, cars, chil...
Posted on Money Talk
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re: Credit Card Rewards and Points Discussion - Oenophile Brah
Does anyone have an opinion on the Chase Sapphire Reserve card? It offers 3x rewards on travel and dining. Those are two of our primary spending categories. The annual fee is substantial $450, but you get $300/yr annual travel credit. We travel several times a year, so we should always take adva...
Posted on Money Talk
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